Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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C Rangarajan, chairman of the PM&#039;s economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. &amp;quot;I think it is necessary to act on prices of other petroleum products also,&amp;quot; he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing of diesel but it did not seem feasible to implement.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&amp;quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&amp;quot; he said.&lt;br /&gt;
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&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don&#039;t might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.
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&lt;br /&gt;
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&lt;br /&gt;
&amp;quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&amp;quot; he said.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
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C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows...."/>
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                <strong>PM’s economic advisory council chief C Rangarajan hints at diesel, LPG price hike-Pradeep Thakur</strong></h1>
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                <br /><div align="justify">C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. &quot;I think it is necessary to act on prices of other petroleum products also,&quot; he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing of diesel but it did not seem feasible to implement.<br /><br />He discounted suggestions that the petrol price rise will have a significant impact on inflation. He said action on diesel and LPG prices would have some temporary effect on inflation but would help in bridging the fiscal gap, which was important to attract foreign capital flows.<br /><br />&quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&quot; he said.<br /><br />He said the government needed to be proactive on taking policy decisions as investors expected fiscal deficit to be maintained at budget estimates. &quot;One action has been taken by raising petrol prices. By doing so, the government has indicated that it is committed on fiscal consolidation and that will result in positive outcome as far as capital flows are concerned.&quot;<br /><br /><em>Times View<br /></em><br />The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don't might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.</div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f3074488a98-trace').style.display = (document.getElementById('cakeErr67f3074488a98-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f3074488a98-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f3074488a98-code').style.display = (document.getElementById('cakeErr67f3074488a98-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f3074488a98-context').style.display = (document.getElementById('cakeErr67f3074488a98-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f3074488a98-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
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</span></span></code></pre><pre id="cakeErr67f3074488a98-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
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&lt;div align=&quot;justify&quot;&gt;
C Rangarajan, chairman of the PM&#039;s economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. &amp;quot;I think it is necessary to act on prices of other petroleum products also,&amp;quot; he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing of diesel but it did not seem feasible to implement.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&amp;quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&amp;quot; he said.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don&#039;t might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.
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	&#039;disp&#039; =&gt; &#039;&lt;br /&gt;&lt;div align=&quot;justify&quot;&gt;C Rangarajan, chairman of the PM&#039;s economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. &amp;quot;I think it is necessary to act on prices of other petroleum products also,&amp;quot; he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing of diesel but it did not seem feasible to implement.&lt;br /&gt;&lt;br /&gt;He discounted suggestions that the petrol price rise will have a significant impact on inflation. He said action on diesel and LPG prices would have some temporary effect on inflation but would help in bridging the fiscal gap, which was important to attract foreign capital flows.&lt;br /&gt;&lt;br /&gt;&amp;quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&amp;quot; he said.&lt;br /&gt;&lt;br /&gt;He said the government needed to be proactive on taking policy decisions as investors expected fiscal deficit to be maintained at budget estimates. &amp;quot;One action has been taken by raising petrol prices. By doing so, the government has indicated that it is committed on fiscal consolidation and that will result in positive outcome as far as capital flows are concerned.&amp;quot;&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Times View&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don&#039;t might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.&lt;/div&gt;&#039;,
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&lt;br /&gt;
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&lt;br /&gt;
&amp;quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&amp;quot; he said.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
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Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
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Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows...."/>
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                <strong>PM’s economic advisory council chief C Rangarajan hints at diesel, LPG price hike-Pradeep Thakur</strong></h1>
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                <br /><div align="justify">C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. &quot;I think it is necessary to act on prices of other petroleum products also,&quot; he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing of diesel but it did not seem feasible to implement.<br /><br />He discounted suggestions that the petrol price rise will have a significant impact on inflation. He said action on diesel and LPG prices would have some temporary effect on inflation but would help in bridging the fiscal gap, which was important to attract foreign capital flows.<br /><br />&quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&quot; he said.<br /><br />He said the government needed to be proactive on taking policy decisions as investors expected fiscal deficit to be maintained at budget estimates. &quot;One action has been taken by raising petrol prices. By doing so, the government has indicated that it is committed on fiscal consolidation and that will result in positive outcome as far as capital flows are concerned.&quot;<br /><br /><em>Times View<br /></em><br />The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don't might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.</div>               </font>
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</span></span></code>
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</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
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C Rangarajan, chairman of the PM&#039;s economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. &amp;quot;I think it is necessary to act on prices of other petroleum products also,&amp;quot; he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing of diesel but it did not seem feasible to implement.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&amp;quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&amp;quot; he said.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don&#039;t might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.
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&lt;br /&gt;
&amp;quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&amp;quot; he said.&lt;br /&gt;
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&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
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Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
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Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows...."/>
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                <strong>PM’s economic advisory council chief C Rangarajan hints at diesel, LPG price hike-Pradeep Thakur</strong></h1>
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                <br /><div align="justify">C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. &quot;I think it is necessary to act on prices of other petroleum products also,&quot; he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing of diesel but it did not seem feasible to implement.<br /><br />He discounted suggestions that the petrol price rise will have a significant impact on inflation. He said action on diesel and LPG prices would have some temporary effect on inflation but would help in bridging the fiscal gap, which was important to attract foreign capital flows.<br /><br />&quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&quot; he said.<br /><br />He said the government needed to be proactive on taking policy decisions as investors expected fiscal deficit to be maintained at budget estimates. &quot;One action has been taken by raising petrol prices. By doing so, the government has indicated that it is committed on fiscal consolidation and that will result in positive outcome as far as capital flows are concerned.&quot;<br /><br /><em>Times View<br /></em><br />The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don't might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.</div>               </font>
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C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. &quot;I think it is necessary to act on prices of other petroleum products also,&quot; he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing of diesel but it did not seem feasible to implement.<br />
<br />
He discounted suggestions that the petrol price rise will have a significant impact on inflation. He said action on diesel and LPG prices would have some temporary effect on inflation but would help in bridging the fiscal gap, which was important to attract foreign capital flows.<br />
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&quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&quot; he said.<br />
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<br />
<em>Times View<br />
</em><br />
The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don't might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.
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&quot;We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for,&quot; he said.<br />
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<br />
<em>Times View<br />
</em><br />
The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don't might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.
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PM’s economic advisory council chief C Rangarajan hints at diesel, LPG price hike-Pradeep Thakur

C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. "I think it is necessary to act on prices of other petroleum products also," he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing of diesel but it did not seem feasible to implement. He discounted suggestions that the petrol price rise will have a significant impact on inflation. He said action on diesel and LPG prices would have some temporary effect on inflation but would help in bridging the fiscal gap, which was important to attract foreign capital flows. "We need to evolve a mechanism through which low income groups are not impacted. The rise in price of crude has made it more compelling to do it now. This is a proposal under consideration. Some people have suggested dual pricing in diesel but some say it is difficult to do. But during the year, action is called for," he said. He said the government needed to be proactive on taking policy decisions as investors expected fiscal deficit to be maintained at budget estimates. "One action has been taken by raising petrol prices. By doing so, the government has indicated that it is committed on fiscal consolidation and that will result in positive outcome as far as capital flows are concerned." Times View The idea of a dual pricing system for diesel to ensure that farmers get subsidized fuel but SUV owners don't might seem attractive, but is unworkable. The experience with a similar system in kerosene has shown how easily it can be subverted and can give rise to a black market with strong vested interests that are willing to kill to protect their stakes. If the government does want to subsidize farmers while excluding rich urbanites, it perhaps makes more sense to hike the price of diesel to what its cost would demand and provide direct income support to farmers to help them cover some of it.